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Crypto Market Rally: Bitcoin & Ethereum Surge Ahead!

Crypto Market Climbs as Inflation Cools and Institutional Buyers Return


HokaNews proavides global crypto news, analysis, and insights. Covering blockchain technology, DeFi, NFT, and digital finance trends for investors and enthusiasts worldwide.


Global crypto markets are pushing higher, driven by a combination of cooling inflation, renewed institutional accumulation, and regulatory optimism as the U.S. edges closer to passing historic crypto legislation.

The total global cryptocurrency market capitalization currently stands at $3.87 trillion, up 1.50% in the past 24 hours, continuing a strong monthly climb of nearly 15%. Bitcoin dominance remains robust at 60.98%, while Ethereum’s share has ticked up to 10.51% as traders rotate into altcoins for higher returns amid lower volatility.

Meanwhile, the Crypto Fear and Greed Index is holding at 74, signaling “Greed” levels across the market. The consistent optimism follows a brief spike into “Extreme Greed” last week, with traders balancing bullish momentum against the potential for sharp corrections if macro sentiment shifts.


HokaNews proavides global crypto news, analysis, and insights. Covering blockchain technology, DeFi, NFT, and digital finance trends for investors and enthusiasts worldwide.


Bitcoin and Ethereum Lead the Charge

Bitcoin surged 1.12% in the past 24 hours to $118,926, buoyed by technical resilience at the $117,000–$118,000 support zone and evidence of renewed institutional buying from funds seeking hard assets as inflation cools in the United States.

Ethereum outperformed with an 8.35% gain, trading at $3,387.71, as institutional interest in ETH-based ETFs intensifies and altcoin rotations pick up steam. Data reveals that firms such as BitMine and SharpLink Gaming have increased ETH reserves, demonstrating confidence in Ethereum’s expanding ecosystem, particularly with the upcoming ETH 2.1 upgrade slated for late Q3.

Notably, Whale 0x2258 was forced to liquidate all ETH short positions, incurring an $8.44 million loss in a single day as Ethereum’s rally caught bears off guard.

Altcoins See Strong Momentum: Bonk, Pump.fun, XRP, and Solana Rally

Among the top trending assets, Bonk (BONK) exploded 29% in 24 hours, fueled by token burns, Solana ecosystem strength, and new listings on Korean exchanges. Meanwhile, Pump.fun experienced a 12.4% dip, reflecting profit-taking and liquidity reshuffling by traders.

Ripple’s XRP climbed 4.84% to $3.07, maintaining momentum amid growing optimism that regulatory headwinds are easing for the token, which has long been embroiled in legal disputes with the SEC.

Solana (SOL) held above $166, buoyed by consistent developer activity, strong DeFi participation, and stable transaction volumes even as gas fees across competing networks remain volatile.

Major Crypto Headlines: Regulatory Progress and Institutional Innovation

Coinbase Launches Base App to Expand User Ecosystem

Coinbase has officially launched the Base App, an integrated platform replacing Coinbase Wallet, offering trading, social features, payments, and mini-apps under one ecosystem. Now in beta, the app leverages Base Pay for near-instant USDC transactions, a move designed to simplify user experience while aligning with regulatory compliance.

WLFI Token Gets Green Light for Trading

In a decisive governance vote, World Liberty Financial (WLFI) received 99.94% approval to make its governance token tradable, shifting from a closed system to open participation and enhancing peer-to-peer and secondary trade within its ecosystem. This move represents a growing trend of DeFi protocols transitioning to community-centric models.

GENIUS Act and Clarity Act Advance Toward Final Vote

The GENIUS stablecoin bill and the DAMC Act (Clarity) cleared a procedural hurdle in the U.S. House with a narrow 215–211 vote, setting up a final vote within the week. If passed, the GENIUS Act will head to President Trump’s desk, marking a watershed moment for stablecoin regulation in the United States.

Legislation under discussion includes frameworks for defining digital assets, stablecoin backing requirements, and clear tax guidelines for staking and DeFi participation—developments that could drive further institutional adoption.

Trump-Powell Clash Adds to Market Volatility

President Donald Trump reportedly shared a draft letter to fire Federal Reserve Chair Jerome Powell with House Republicans, seeking their views on the possibility of removal due to disagreements over rate policy. While The Kobeissi Letter later clarified that Trump denied the immediate firing rumor, the uncertainty sparked brief volatility in both traditional and crypto markets.

Analysts warn that any move to remove Powell could trigger a broader market sell-off if it undermines confidence in the Federal Reserve’s independence, raising bond yields and destabilizing risk-on assets, including Bitcoin and altcoins.

CME Group Rejects Meme Coin Derivatives

The world’s largest derivatives exchange, CME Group, announced it will not introduce futures or derivatives tied to meme coins, stating they lack real-world utility and stable liquidity. This decision underscores the market’s shift toward “quality over hype” amid ongoing maturation of the digital asset industry.


Institutional Moves: Nvidia and Crypto Whales in Action

Nvidia now represents a record 4.73% weighting in the MSCI All Country World Index (ACWI), surpassing Japan’s 4.65% share. This milestone highlights the growing tech concentration in global equity markets, which indirectly benefits crypto markets by driving investor interest in digital infrastructure.

In the crypto space, Korean investors have been actively accumulating $PENGU tokens, with three wallets from Upbit and Bithumb amassing 945 million $PENGU (worth $32 million) in the past week. This signals a strong regional interest in specific altcoin plays, adding to global liquidity flows.

Market Outlook: Can the Rally Continue?

The alignment of macro factors—cooling inflation, pending crypto-friendly legislation, and institutional accumulation—creates fertile ground for continued bullish momentum. Yet, caution remains warranted as overbought conditions in the RSI and potential macro shocks could trigger short-term corrections.

Bitcoin’s next key resistance lies near $120,000, and a confirmed breakout could open the door for a rally toward $130,000, while Ethereum’s climb above $3,400 strengthens its path toward the $3,800–$4,000 range.

Altcoins like XRP, Solana, and Bonk remain in focus, particularly as traders rotate out of Bitcoin to capture higher percentage gains during bullish phases.

Conclusion: Crypto Market Shows Resilience Amid Macro Shifts

The crypto market’s steady rise over the past 24 hours, supported by a 1.50% market cap increase, reflects ongoing investor confidence despite short-term volatility. Cooling inflation rates, ETF optimism, and potential regulatory clarity through the GENIUS Act may drive the next wave of growth for the sector.

While institutional interest in Bitcoin and Ethereum remains strong, altcoin speculation and DeFi participation continue to shape the landscape, offering diverse opportunities for traders and long-term investors.

For now, the crypto community is watching the U.S. Congress, the Federal Reserve, and market charts closely, as the sector positions itself for what could be a historic second half of 2025 in the digital asset space.


Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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